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    <title>1996 (12) TMI 154 - CEGAT, NEW DELHI</title>
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    <description>The High Court of Punjab and Haryana directed the Tribunal to refer the question of law regarding the admissibility of Modvat credit on foundry fluxes and chemicals used in the manufacture of sand moulds for valves and cocks. The issue arose due to conflicting decisions on whether these inputs were directly utilized in the manufacturing process of final products. The Tribunal&#039;s larger bench affirmed that Modvat credit was admissible for chemicals used in sand moulds in the production of final products like steel castings.</description>
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    <pubDate>Thu, 19 Dec 1996 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=86081</link>
      <description>The High Court of Punjab and Haryana directed the Tribunal to refer the question of law regarding the admissibility of Modvat credit on foundry fluxes and chemicals used in the manufacture of sand moulds for valves and cocks. The issue arose due to conflicting decisions on whether these inputs were directly utilized in the manufacturing process of final products. The Tribunal&#039;s larger bench affirmed that Modvat credit was admissible for chemicals used in sand moulds in the production of final products like steel castings.</description>
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      <pubDate>Thu, 19 Dec 1996 00:00:00 +0530</pubDate>
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